KOSPI (SEOUL.NDX) - Close: 2 013.89 (-23.28), Oct 26, 2016

Chart Technical Analysis KOSPI (SEOUL)

rsi chart
 Weak Positive Candidate -Medium term, Oct 26, 2016Analysis Explanation
KOSPI is in a rising trend and a continued rise within this trend may be expected. In addition, the price has now fallen back towards the floor of the trend channel, which should give a reaction up. It also gave positive signal from a rectangle formation at the break up through the resistance at 2007. Further rise to 2234 or more is signaled. The index has broken down through the support at points 2025. This predicts a further decline. In case of positive reactions, there will now be resistance at points 2025. The index is overall assessed as technically slightly positive for the medium long term.

1 day-0.58%781.92-1.14%
5 days-46.282.03%584.40-1.33%
22 days18.294.95%724.83-1.96%
66 days15.169.05%759.90+0.08%
Trend 13%2011.22 - 2162.44
Short Term Trading Range2016-10-11
Moving average2016-07-26
Long Term Trading Range2016-07-26
Double Bottom Pattern2016-03-02


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